That patron is smiling...but I promise you the owner is NOT!
Credit card fees are an unrelenting source of loss and pain for business owners in the modern economy. It's so complicated to understand, that more than 90% of merchants have room for savings in the realm of thousands per month - but they don't know that.
Are you not tired of looking over your shoulder all year - every year?
Your business's hard earned money is being chipped away unnoticed, little by little, transaction by transaction, month by month, by the dozens of sources that partcipate in your card processing service.You may have even educated yourself on credit card processing to the extent that you could become a consultant, and yet you still would not have the time, resources or tools to monitor or prevent these companies from inventing and adding new fees, passing on new costs, or changing rates unbeknownst to you.
There are:
- more than 600 interchange rates - which ones are you paying?
- changes in regulatory fees. Which ones have your processing company passed on to you in whole or in part?
- new technologies and services being added and removed from the process. Who is absorbing those fees
The solution: Credit processor monitoring services
It's like the Foxwell car diagnostic tool, except its for business owners and the complex system of merchant transaction services. It knows when there has been a change, where there are opportunities for savings, and how to identify and cut out bogus charges immediately.